Category Archives: Business

Coronavirus: UK government’s quarantine-free list ‘absurd’ 

Portuguese leaders say the country’s exclusion from a list drawn up by the UK government is “absurd”.

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Tesla No Longer Even A Growth Company; Going Bankrupt: Shortseller 

Stanphyl Capital letter to investors for the month ended , discussing their short thesis for Tesla Inc (NASDAQ:TSLA) and other positions in several small-cap stocks. For June 2020 the fund was down 3.9% net of all fees and expenses. By way of comparison, the S&P 500 was up 2.0% while the Russell 2000 was up […]

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Softbank’s baseball team in Japan replaced fans with robots in the stands as the season starts without crowds 

Japan delayed its Nippon Professional Baseball season because of the coronavirus. After the state of emergency was lifted in the country, games began again on June 19. Without fans in the stadium, one team put Pepper robots in the stands instead.  Visit Business Insider’s homepage for more stories. The coronavirus has put most public events, including s […]

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Scoreboard: Formula One restarts with coronavirus bump in the road 

This week in the business of sport: Under Armour in crucial contract battle with US colleges, Wigan Athletic’s administration spells trouble for English football, Swiss special prosecutor appointed in Fifa case, and more.

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`Huge bummer’: July Fourth will test Americans’ discipline 

The U.S. is heading into the Fourth of July weekend with many parades and fireworks displays canceled, beaches and bars closed, and health authorities warning that this will be a crucial test of Americans’ self-control

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How Investors Are Addressing Racial Injustice 

Different strategies for socially responsible investing are working toward a similar goal: to pressure companies and municipalities to operate more equitably.

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Tesco demands supplier price cuts in discount battle 

Britain’s biggest supermarket has reportedly given suppliers until 10 July to agree price cuts.

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We cannot in good conscience open the pub’ 

Pubs in England are allowed to reopen from Saturday, but some venues are keeping their doors shut.

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Dad horrified at £4,642 gaming app bill 

A father who paid £4.99 for his daughter to use a smartphone app was shocked to find a £4,642 bill.

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Texas oil industry crafts plan for students to graduate debt free with 6-figure job 

The program would help fill the hundreds of thousands of positions that will be needed in the coming years to develop the massive 2016 oil discovery in the Permian Basin, located in West Texas and New Mexico.

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Second wave of virus closures wallops California restaurants 

California restaurants are paying a heavy price during the coronavirus pandemic as indoor dining has been shut down for the second time across much of the state

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FedEx asks ‘the team in Washington’ to dump racist nickname as Nike pulls gear 

FedEx asks team to change controversial ‘Redskins’ nicknameTeam says it will begin ‘thorough review’ of problematic nameNike appears to remove all Washington gear from online storeWashington’s NFL team said Friday it will begin a “thorough review” of the club’s racist nickname after years of resistance, one day after the title sponsor for their home stadium […]

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Virus-hammered Air France discussing thousands of job cuts 

Air France and regional subsidiary Hop have announced 7,500 job cuts after the virus pandemic grounded most flights and darkened prospects for future air travel

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The #Vanlife Business Is Booming 

Coronavirus is just a distant memory while zipping around in a several-hundred-thousand-dollar custom van on the open road.

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Ukraine’s parliament accepts chief banker’s resignation 

Ukraine’s parliament has accepted the resignation of the country’s top banker, who has stepped down citing political pressure

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